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06-23-09 Interest Rate Snapshot

The Market has been down for the past couple days after a sustained rally. The impact of The Market being down is positive on interest rates. All interest rates listed below in the summary are PAR rates and do not reflect adjustments that may be required based on individual loan parameters.

Program

Interest Rate

APR

30 Year Fixed Conventional

5.250

5.347

15 Year Fixed Conventional

4.750

4.847

30 Year Jumbo Fixed

5.875

5.972

15 Year Jumbo Fixed

5.375

5.472

30 Year FHA

5.500

5.597

15 Year FHA

5.000

5.097

3/1 FHA ARM

4.000

4.097

*** Due to changes in the market, interest rates are subject to change at any time and without notice. The rates shown are average for our most qualified customers. Your individual rate may vary.***

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money
American Capital Finance
856 308 2462 - cell
856 792 9214 - direct phone
856 792 9215 - direct fax
www.mortgagemantra.blogspot.com
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Posted Tuesday Jun 23